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democrats on the fence to say, hang on a moment. >> bill, if they've got time to have a hearing with stephen colbert they can take a vote on pending tax relief. i believe all the tax cuts would be extending but they just don't want to hold that vote. bill: on the screen you can see for a family of four making $50,000 a year, if the tax cuts are not extended they will pay $2,900 more in taxes during a time when as you no and you've stated and we talked to stu varney that the economy is still struggling. family of four making a hundred grand a year pay $4,500 more in taxes. how do you think thinks this is going to happen. >> hopefully it will not. if the hreps -- republicans are in the house and senate you won't see any increase in taxes. this adds to uncertainty, we hear our small businesses talking about itment there is a growing i think incompetent in governing in washington. this is damaging i think for the democrats across the board. bill: one more question. john boehner said in his responsible, the most irresponsible thing he has ever known congress to do. is that hyperbole or do you agr
to be up to every detail. bill: and, stephen hayes and marion marsh are coming up to debate the topic you are talking about. stay tuned for that great panel and a big issue here, in the meantime, voters waiting to see what congress does about the expiring tax cuts, both parties divided over whether or not to extend them, to all americans, and, democratic leaders have yet to make a move on the issue and that change -- will that change today, we wonder, molly henneberg, camped out on the hill, what this is democrats' strategy at play. >> reporter: that is what everybody is waiting to see, how the democrats will proceed with this and the nation's most high-profile democrat, president obama, will speak about the bush tax cuts later today. that is what we are given to expect. and, the tax cuts that are -- apply to virtually every taxpayer that are set to expire at the end of the year unless congress acts and the president said he wants to extend the tax cuts for households that make $250,000 or less and, democrats led my harry reid, are trying to figure out how to do that but as yet no bill is
.6%, and stephen moore is the economic writer for the "wall street journal." good morning to you and, this labor day what is the better topic than talking about labor in america. look the president will roll out big ideas, today, and wednesday, and at a press conference at the white house on friday and your view, are they big enough, stephen. >> bill, they are big ideas and just are not new ideas, as i look at the reports of what the president will say, more infrastructure spending and targeted tax cuts it is exactly what we have been doing the last year-and-a-half and what is interesting about the chart you showed us, the rise in the minim unemployment rate is one of the most important dates, january/february, '09 was about 8% and that was before we spent the trillion dollars of the stimulus money and spent all of the money and have an unemployment rate closer to 10% and i would say the prima facie evidence that the stimulus spending of a trillion dollars has not worked and -- it would be a mistake. bill: sorry to interrupt you, i'd have economists coming on the air and saying, look it had impa
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